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    Published on Thursday, February 18, 2016 | Updated on Thursday, February 18, 2016

    Spain | Trade deficit slightly moderates in 2015

    Summary

    Both real good exports and imports took a step back in December, which did not stop the fourth quarter and the overall value for 2015 from closing the year with a positive balance. All in all, the trade balance's accumulated deficit barely varied in 2015, despite the improvement in the energy balance.

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    Authors

    Matías Pacce
    Camilo Ulloa BBVA Research - Principal Economist

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    Report (PDF)

    BC_diciembre15

    Spanish - February 18, 2016

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